Properties

About McGrath Bowral

About McGrath BowralMcGrath expands outside its core region to the NSW Southern Highlands

McGrath Estate Agents Bowral has been established since April of 2009 when it merged with long- standing local agency Bong Bong Real Estate. One of the first offices outside of McGrath's traditional core selling areas of Sydney and the NSW Central Coast, it was a key strategic move in McGrath's ongoing roll-out of its premium national franchise network.

“The Southern Highlands is among the most beautiful and desirable lifestyle locations in Australia, and it’s definitely one of my favourite places in the world,” John McGrath, Chief Executive of McGrath Estate Agents said.

“It has long been a hot spot for Sydney executives and their weekenders, and it is increasingly attracting retirees who want that peaceful country life with the benefit of being just a 90-minute drive from their Sydney-based families and CBD recreational facilities, such as the major theatres, museums, galleries and Sydney Harbour.”

The region offers a range of properties, from charming country workers’ cottages built in the late 1800s to magnificent acreage estates. Prices range from the first home buyer level around $500,000 into the millions for large estates on several hectares.

In line with many other areas of NSW, Bowral house prices have grown over the past year from a median of $800,083 in the twelve months to Dec 2016 to $824,500 in the ten months to October 2017, according to RPData. The two other major towns in the Southern Highlands, Mittagong and Moss Vale, have seen continual growth over the past year, with purchasers seeing value in the surrounding suburbs of Bowral.

The rolling green hills around Kangaloon and Wildes Meadow are similar to the English countryside. Bowral, Mittagong and Moss Vale are the retail centres for the region, which includes Exeter and Bundanoon to the south; Wildes Meadow, Burrawang and Robertson to the east; and Colo Vale and Hill Top to the north. Local education facilities include Frensham College, Tudor House, Oxley College and Chevalier College.

Mr McGrath said the Southern Highlands area had grown enormously over the past decade and there was now a need for a far more structured and professional approach to real estate sales in the area. This included out of area marketing, higher quality newspaper advertising, the use of professional photography and sophisticated technology."

The ability to reach not only local buyers but Sydney-based buyers is now imperative for local vendors,” Mr McGrath said. “The Southern Highlands is very attractive to Sydney executives and retirees and local sellers need to have their properties exposed to that audience. McGrath has an extremely strong presence in Sydney that is supported by our advanced marketing tools that includes our award-winning website and database of over 350,000 buyers. This will enable us to more effectively market Southern Highlands properties to a highly qualified and motivated audience of Sydney executives and retirees."

McGrath Bowral Principal, Anne Stone has just taken full ownership of McGrath Bowral previously involved with Bong Bong Real Estate for many years as a boutique independent agency. Mrs Stone said their partnership with McGrath to form McGrath Bowral was key to their business’s ongoing success and future growth."

We aim to be the best real estate business in the Southern Highlands and we are thrilled to be part of Australia's most progressive real estate groups," she said. "This was the best decision we ever made, it gives us the opportunity to promote our vendors properties to a wider audience in a very professional manner and achieve record prices for them."

The office also has a property management/holiday rentals division offering a high quality service particularly for Sydney executives looking for an income on their existing weekender properties.

McGrath Bowral sales statistics

The team at McGrath Bowral has sold 59 properties in the last 12 months, with an average sale price of $1.3m and total sales valued at $70.3m*.

The team sold 53 houses, 1 apartment and 1 block of land or rural property with 56 sales by private treaty and 3 by auction, and these properties were on the market for an average of 108 days.

The highest recorded sale price was $3.4m for 180 Oxley Drive, Mittagong NSW 2575, a 4-bedroom house which sold by private treaty on July 1st, 2019, and was on the market for 12 days.

Show statistics for

Suburb sales

All suburbs59

Bowral29

Robertson9

Burradoo6

Bundanoon4

Exeter3

Mittagong2

Willow Vale2

Berrima1

Colo Vale1

Moss Vale1

Yerrinbool1

Average sale price

House

$1.2m

Apartment

$605k

Land

$525k

Average days on market

Days

1

0

8

Total sales

Last 12 months

56Private treaty3Auction

Properties sold

Last 12 months

House

53

Apartment

1

Land

1

Average sale price

House

$1.2m

Apartment

$605k

Land

$525k

*Average sale price and total sales value do not include properties where sold price is not disclosed

Current listings

The team at McGrath Bowral located at 293 Bong Bong Street, Bowral NSW 2576 has sold 59 properties and leased 42 properties in the last 12 months, and currently has 21 properties for sale and 10 properties for rent.